J&K Bank opens branch, satellite office at JKEDI complex


Jammu and Kashmir Bank on Wednesday dedicated a Business Unit and a Satellite office of Sher-i-Kashmir Employment & Welfare Programme for Youth (SKEWPY) Department at JKEDI Complex at Pampore.

The Chief Minister Mehbooba Mufti inaugurated the business unit and satellite office in presence of Minister of Industries and Commerce Chander Prakash, Minister of State for PHE, Irrigation & Flood Control Farooq Ahmad Andrabi, Minister of State for Forest, Ecology and Environment, Animal & Sheep Husbandry Zahoor Ahmad Mir, J&K Bank Chairman and CEO Parvez Ahmad, Gulzar Ahmad, Vice Chairman, J&K Industries and Director EDI Mohammad Ismail Parray.

Divisional Commissioner Baseer Ahmad Khan, Commissioner/Secretary Industries and Commerce Shailendra Kumar, J&K Bank Executive Presidents S S Sehgal, Vagesh Chander, Senior President Abdul Rashid, President Abdul Rashid Shegan, Zonal Head, Vice-Presidents, Cluster Heads and other senior officers of the bank and government were also present on the occasion.

Speaking on the occasion, Chief Minister said, “The establishment of full-fledged branch and satellite office of SKEWPY Department by J&K Bank will bring a lot of comfort to our aspiring entrepreneurs and facilitate the process of development further. It will certainly help in fast track approval of loan cases and will go a long way in nurturing the culture of entrepreneurship and startup finance in the state.”

She further said that the state government and J&K Bank are always there to handhold the entrepreneurs and the startups and bail them out of problems, if any.

She further said, “By offering them complete technical and financial support under various schemes, I believe, J&K Bank and JKEDI are playing commendable role in empowering the budding entrepreneurs of our state to establish their viable units.”



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